Routine Inspections aren't always as important as the expectation of routine interior inspections. When the tenant is expecting an inspection of the premises by the landlord or manager, the property is usually kept ready to pass the inspection. Many landlords will inspect on regular intervals prearranged with the tenant. Others will do surprise inspections, and some just emphasize that they will be doing inspections, but just don’t get around to it. Even if you can’t get around to it, it may be a good idea to send the tenant a note from time to time to tell them of an upcoming inspection. The main thing is that your property is cared for properly.
Keeping good tenants good or better is an ongoing process that we as landlords continue to improve with experience. It all starts with understanding and agreeing with each other. After that, it’s just a matter of professional communication.
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Brand New LPA Form
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Credit Reporting Disclosure Notice
Rent Should be Your Tenant's TOP PRIORITY
The Credit Reporting Disclosure Notice informs the tenants that you intend to report positive and negative payment history to the credit and tenant reporting bureaus. You are not obligated to report, but you may. The form points out that the tenants' history will be affected by their
- rent payment record,
- cleanliness and
- upkeep of the rental and the tenants overall performance.
I prefer to discover tenant problems before actually signing the lease, so that's why I show them the Credit Reporting Disclosure Notice when I begin our lease signing session. A quality tenant normally sees it as an opportunity to maintain a great rent record. On the other hand, a slow paying tenant might voice some objections at that point. I learned that the easiest and cheapest eviction is the one when the tenants never get possession of your property!
I hope this form helps you keep your tenants paying on time or early!
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Landlord Tips
I've found that tenants need to be reminded of a few things in their lease agreement before they give notice to move out. That's why I provide them with a pre-written Notice of Intention to Vacate form. All they have to do is sign it for them to give official notice they will be vacating according to the terms agreed in the lease.
The Tenant's Notice of Intention to Vacate re-affirms the tenant's agreement to give the proper amount of notice time to the landlord along with full cooperation for showing the property for re-rental or sale. It includes a place for the tenant to give his forwarding address in order to receive any security refund.
It is an excellent way to help reinforce proper move-out procedure. We always staple a copy of this notice to the back of the tenant's lease
to be used when the time comes for the tenant to give notice to vacate.
The Tenant's Notice of Intention to Vacate
The Eviction Ramifications Notice is an effective wake-up call for some tenants.
Sometimes your tenant doesn't really grasp the consequences of a full blown eviction. It helps to have a letter that explains the immediate and future drawbacks to the tenant caused by the process of eviction and it's aftermath.
The Eviction Ramifications Notice
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Tenant Excuses
"My eighteen year old son's car needed work, so I paid for that." Good, then move into the car. - Mark C., Troy, Ohio
"I've got a girl in here, can you come back later?" - Mark C., Troy, Ohio
"My Mercedes needed maintenance and one thing led to another..." I wanted to say: OK, live in your Mercedes. But I did say late payments now are going on your credit report. Thanks LPA.- Christine F., CA
"I just bought my daughter a bike, so I can't pay rent yet. You wouldn't turn your kids down for a new bike, would you?" Why do some tenants think paying one's rent so there is a roof over their child's head instead of buying new toys is "heartless"? - Mark C., Troy, Ohio
Here’s another from the same guy. I come to the door, knock, and the son of the guy answers. "Where’s your dad?" I ask.
The son says, "He's at a golf tournament." Moments later, he walks down the steps. - Mark C., Troy, Ohio
"We can't pay until the 14th because I have to buy medication for diabetes and that is more than what we can afford, my daughter and son in law didn't move out because they couldn't move into my son in-laws parent's home they didn't want them there. Then we had to buy food for five adults and then the baby. And thank you for always working with us." - Turner, Bakersfield, CA
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Quotations...
"One of my biggest fears is having a tenant with more landlord - tenant knowledge and expertise than I have." - John Nuzzolese
"A hero is no braver than an ordinary man, but he is braver five minutes longer." — Ralph Waldo Emerson
"Failure to recognize my opportunities is the greatest mistake I made. " - J. Garrett
"Luck = Labor Under Correct Knowledge."
Unknown - Submitted By John N.
"How much did your last tenant problem cost you?"
- John Nuzzolese
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Robert Irwin is the bestselling author of more than 50 books on real estate. His career in the real estate industry encompasses more than three decades of experience as real estate broker, landlord, and consultant to lenders, agents, and investors.
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Books by LPA Members
The Landlord Protection Agency is proud to recommend the following landlord books written by LPA Members, Robert Irwin, Timothy Spangler, Tony & Sandy Midea and Dan Auito. Just click on the book for more information about it.
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